Judge Allows SEC Case Against Nacchio To Proceed

Law360, New York (April 27, 2007, 12:00 AM EDT) -- A federal judge on Thursday refused to delay a U.S. Securities and Exchange Commission fraud lawsuit against Ex-Qwest Communications International Inc. CEO Joseph Nacchio as he pursues post-trial motions in a separate case over insider trading.

Magistrate Judge Craig Schaffer on Thursday said that it was in the best interests of the public to continue to the civil case, which has dragged on for the last two years.

He ordered Nacchio to respond to the civil lawsuit and participate in an evidence exchange process, unless his...